By John Lee. Iraqi Foreign Minister Fuad Hussein received the Lebanese Ambassador Mr. Ali Al Habhab at the Ministry's headquarters in Baghdad on Tuesday. Among other items, the meeting discussed economic and investment relations and cooperation at various levels; the Lebanese Ambassador indicated that there are about 900 Lebanese companies operating in Iraq, including 600 […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Risks of Widening Middle East Conflict Resurface The equity market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 0.1% […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makkiya, has met with the Lebanese Minister of Economy and Trade, Mr. Amin Salam. During the meeting, Makiya affirmed Iraq's desire to expand cooperation in the investment sector. The NIC chairman stated that the Iraqi government aims to achieve integration in […]
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, has met with the Lebanese Prime Minister, Mr. Najib Mikati. They discussed extending a fiber optic cable project from Iraq through Syria and Lebanon, emphasizing the importance of integration in vital and strategic projects among regional countries. Makiya stated that […]
From the United Nations Office for Disaster Risk Reduction (UNDRR): UN Agencies Launch Joint Programme to Support Iraq, Jordan, and Lebanon in Climate Change Response The International Organization for Migration (IOM), the World Health Organization (WHO) and the United Nations Office for Disaster Risk Reduction (UNDRR) have launched a joint programme to support the health […]
By John Lee. Iraq and Lebanon have signed a memorandum of cooperation in the agricultural sector. The memorandum was signed by the Ministers of Agriculture of both countries, Dr. Abbas Jaber Al-Maliki and Mr. Abbas Al-Hajj Hassan, in the presence of the Lebanese Ambassador to Baghdad, the Iraqi Consul in Beirut, and several officials. According […]
By John Lee. An executive memorandum has been signed between the Lebanese Directorate General of Civil Aviation and the Iraqi Civil Aviation Authority (ICAA) to operate 45 weekly flights between Lebanon and Iraq. Lebanon's Minister for Transport, Ali Hamie, said the agreement was a milestone in enhancing cooperation between the two countries. (Source: @alihamie_lb)
Arab Alliance for CSO Development Program at AUB Extends Civil Society Support to Morocco, Iraq, and Kuwait The Arab Alliance for CSO Development (AACSOD), a flagship program of the Non-Governmental Organizations Initiative (NGOi) at the American University of Beirut (AUB), announced the launch of its second cycle in Morocco, Iraq, and Kuwait. Following a successful […]
By John Lee. Lebanese-based Comin Insurance Brokerage is reportedly planning to enter the Iraqi insurance market by the end of this year. Managing Director Roger Zaccar is quoted by Daily News Egypt as saying that both Iraq and Jordan will be added to its portfolio this year; The company was founded in 2017, and is […]
By John Lee. The governments of Iraq and Lebanon have signed a Memorandum of Understanding (MoU) wherein Iraq will supply Lebanon with quantities of fuel and crude oil. The agreement, in line with Cabinet Decision No. 23265 in 2023, aims to support Lebanon's electricity sector and strengthen cooperation between the two countries, serving their mutual […]
By John Lee. Iraq's Council of Ministers has announced its commitment to assist Lebanon by meeting its oil derivative requirements. Additionally, they will provide support in operating the country's electricity production plants and extend the existing supply agreement for an additional third year. The State Oil Marketing Organization (SOMO) will ensure full supply as per […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq agrees to provide Lebanon with fuel for another year Lebanon's fuel crisis is showing no signs of letting up, but an exchange with Iraq is keeping one source flowing. Click […]
